Economic Calendar and indicators of South Africa

Overview

Indicator Last Reference Previous Frequency
GDP q/q 0.1% 4 Q 2023 -0.2% Quarterly
Unemployment Rate 32.1% 4 Q 2023 31.9% Quarterly
CPI y/y 5.3% Jan 2024 5.1% Monthly
SARB Interest Rate Decision 8.25% 8.25%
Trade Balance R​-9.437 B Jan 2024 R​15.617 B Monthly

Economic Calendar

Time,
Currency
Event
Actual
Forecast
Previous
2024.03.19 11:00, ZAR, Building Permits m/m, Forecast: -1.6%, Previous: -11.1%
2024.03.19 11:00, ZAR, Building Permits y/y, Forecast: -2.9%, Previous: -16.1%
2024.03.20 08:00, ZAR, CPI m/m, Forecast: 1.0%, Previous: 0.1%
2024.03.20 08:00, ZAR, CPI y/y, Forecast: 5.6%, Previous: 5.3%
2024.03.20 08:00, ZAR, Core CPI m/m, Forecast: 0.7%, Previous: 0.3%
2024.03.20 08:00, ZAR, Core CPI y/y, Forecast: 4.5%, Previous: 4.6%
2024.03.20 11:00, ZAR, Retail Sales m/m, Forecast: 0.0%, Previous: 1.4%
2024.03.20 11:00, ZAR, Retail Sales y/y, Forecast: 0.1%, Previous: 2.7%
2024.03.22 19:30, ZAR, CFTC ZAR Non-Commercial Net Positions, Previous: 2.2 K
2024.03.25 08:00, ZAR, FNB/BER Consumer Confidence Index, Previous: -17

Economic indicators

Market Last Reference Previous Frequency
CFTC ZAR Non-Commercial Net Positions 2.2 K 12 Mar 2024 2.8 K Weekly
GDP Last Reference Previous Frequency
GDP q/q 0.1% 4 Q 2023 -0.2% Quarterly
GDP y/y 1.2% 4 Q 2023 -0.7% Quarterly
Labor Last Reference Previous Frequency
Unemployment 7.895 M 4 Q 2023 7.849 M Quarterly
Unemployment Rate 32.1% 4 Q 2023 31.9% Quarterly
Prices Last Reference Previous Frequency
CPI m/m 0.1% Jan 2024 0.0% Monthly
CPI y/y 5.3% Jan 2024 5.1% Monthly
Core CPI m/m 0.3% Jan 2024 0.2% Monthly
Core CPI y/y 4.6% Jan 2024 4.5% Monthly
PPI m/m -0.6% Dec 2023 -0.6% Monthly
PPI y/y 4.0% Dec 2023 4.6% Monthly
Money Last Reference Previous Frequency
Gross International Reserves $​61.653 B Feb 2024 $​61.188 B Monthly
Net International Reserves $​56.652 B Feb 2024 $​56.662 B Monthly
SARB Interest Rate Decision 8.25% 8.25%
SARB M3 Money Supply y/y 6.58% Jan 2024 7.65% Monthly
SARB Prime Rate 11.75% 11.75%
SARB Private Sector Credit y/y 3.16% Jan 2024 4.94% Monthly
Trade Last Reference Previous Frequency
Current Account R​-165.528 B 4 Q 2023 R​-34.377 B Quarterly
Current Account - GDP Ratio -2.3% 4 Q 2023 -0.5% Quarterly
Trade Balance R​-9.437 B Jan 2024 R​15.617 B Monthly
Government Last Reference Previous Frequency
Consolidated Budget Balance R​-323.1 B R​-296.7 B
Consolidated Budget Balance - GDP Ratio -4.9% -4.7%
Business Last Reference Previous Frequency
Absa Manufacturing PMI N/D Feb 2024 Monthly
Building Permits m/m -11.1% Dec 2023 16.0% Monthly
Building Permits y/y -16.1% Dec 2023 -26.0% Monthly
Gold Production y/y -12.7% Jan 2024 -3.6% Monthly
Manufacturing Production m/m 0.8% Jan 2024 -1.3% Monthly
Manufacturing Production y/y 2.6% Jan 2024 1.3% Monthly
Mining Production m/m -0.8% Jan 2024 -4.6% Monthly
Mining Production y/y -3.3% Jan 2024 0.2% Monthly
RMB/BER Business Confidence Index N/D 1 Q 2024 31 Quarterly
S&P Global PMI 50.8 Feb 2024 49.2 Monthly
Total New Vehicle Sales 44.749 K Feb 2024 42.215 K Monthly
Total New Vehicle Sales m/m 6.0% Feb 2024 3.4% Monthly
Total New Vehicle Sales y/y -0.9% Feb 2024 -3.8% Monthly
Consumer Last Reference Previous Frequency
FNB/BER Consumer Confidence Index -17 4 Q 2023 Quarterly
Retail Sales m/m 1.4% Dec 2023 1.1% Monthly
Retail Sales y/y 2.7% Dec 2023 -1.0% Monthly